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3 months ago

Explain the importance of assessing one's Pecs before engaging in any particular entrepreunrial activity

1 answer:

5 0

Evaluating your personal entrepreneurial competencies (PECs) is crucial for identifying where you excel and where improvement is needed in your entrepreneurial skills. This assessment helps you address weaknesses and enhance strengths, ultimately benefiting your entrepreneurial ventures.

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Hamby Corporation is preparing a bid for a special order that would require 780 liters of material W34C. The company already has

soldi70 [3635]

Answer:

$6,513

Explanation:

The calculation for the relevant cost is illustrated below:

= Volume of raw material × cost per liter of raw material

= 780 liters × $8.35 per liter

$6,513

Thus, we derived the total by multiplying the volume of raw material by its price per liter to arrive at the accurate cost

Any other information provided is not necessary. Therefore, it was disregarded

3 0

1 month ago

Which statement is true regarding the Preferred Vendor field in Product and Services items?A. You can add more than one preferre

Nady [3600]

Answer: B. A new vendor can be created from the product/service information screen

Explanation:

The accurate statement regarding the Preferred Vendor field in Product and Services items indicates that a new vendor may be established from the product/service information screen.

Contrarily, the other assertions in the question, like adding multiple preferred vendors for each product/service item and the necessity of assigning Preferred vendors to make use of Price rules, are incorrect.

Therefore, option B stands as the right choice.

3 0

2 months ago

A shopper infers that a product must be of high quality because the manufacturer has been in business a long time. Which heurist

marusya05 [3725]

The Compromise effect. Heuristics represent methods of processing information in two essential ways when forming opinions. In contrast to a more meticulous processing of data, heuristics allow for the formation of opinions based on perception or the influence of others, which isn't always an accurate reflection of the reality. This practice is common in daily life and can be effective in forming necessary opinions. One demonstrated effect of this is the bias known as the compromise effect.

6 0

1 month ago

A company's unit costs based on 100,000 units are: Variable costs $75 Fixed costs 30 The normal unit sales price per unit is $16

Free_Kalibri [3773]

Answer:

Incremental profit = $30000

thus, the correct choice is a. $30,000

Explanation:

provided data

Variable costs = $75

Fixed costs = 30

Sales price = $165

to determine

incremental profit or loss from approval

solution

The contribution per unit is calculated as follows:

Contribution per unit = $165 - $75

Contribution per unit = $90

Consequently, we determine the loss on contribution from forgoing regular sales:

Loss on contribution = $3000 × $90

Loss on contribution = $270000

Furthermore,

The incremental contribution for the special order is calculated as:

Incremental contribution = (135 - 75) × 5000

Incremental contribution = $300000

Thus, the incremental profit equates to:

Incremental profit = $300000 - $270000

Incremental profit = $30000

therefore, the correct option is a. $30,000

8 0

2 months ago